Tax Income Earned through Work at a Lower Rate than Income Earned through Investments

Copyright

2021

Published Date

04/16/2021

Published By

Well Being In the Nation Network

People can earn money by working or through investments. Income from investments are currently taxed at lower rates than income earned from work. However, high-income earners are more likely to have income from investments. This difference in tax rates is an advantage for people who inherit and invest money compared to people whose money comes mainly from working.